"Tempus is one of the few companies in this rapidly expanding specialty market that provide complex communications, navigation, and electronics upgrades and solutions for special-mission aircraft, for both government and commercial use," explained Joseph R. Wright, who will serve as chairman of the board of Tempus Holdings. "Regulatory changes are occurring today around the world that require aircraft to be upgraded to meet new, more stringent, safety and other standards and performance requirements, which we believe will provide an opportunity for significant growth for Tempus Holdings. We look forward to working with Scott Terry, who has many years of proven results in this industry and is highly qualified to lead this company."